According to @stocktalkweekly, Wall Street analysts are presenting conflicting views on the valuation of USDC stablecoin issuer, Circle (CRCL). JPMorgan initiated coverage with an underweight rating and an $80 price target, stating the company's valuation is 'outside our comfort zone' despite acknowledging USDC's early-mover advantage. In stark contrast, Citigroup began its coverage with a buy rating and a $243 price target, arguing that Circle's valuation is not stretched and highlighting its 'scarcity value' and 'neutrality' as key competitive strengths in the growing stablecoin market. Adding to the bullish sentiment, Bernstein initiated with an outperform rating and a $230 target, calling CRCL an 'investor must-hold' and projecting the total stablecoin market cap could reach $4 trillion. Similarly, Canaccord Genuity started coverage with a buy rating and a $247 price target, viewing Circle as a potential 'long-term winner'.

According to The Kobeissi Letter, major financial institutions have released their January CPI inflation expectations, which are crucial for traders. Kalshi predicts a 2.9% inflation rate, which aligns with Barclays, BNP Paribas, Morgan Stanley, and Wells Fargo's expectations. Bank of America and Moody's project a slightly lower rate of 2.8%, while Citigroup, Goldman Sachs, and UBS anticipate a higher rate of 3.0%. These projections are essential for traders to gauge market sentiment and potential monetary policy adjustments.